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we are running up against the fiscal cliff. we heard from firms that unless a framework for a deal is forged in the next few days they are going to run out of time in order to actually move whatever deal they come up with through both changes to the house and the senate. this is why i got new information that last night senate majority leader harry reid met in a private dinner and he was saying he believes it's nearly impossible to get the fiscal cliff deal done before christmas. what they are focused on is a so-called plan "b" where the house in the next few days may pass extension of the middle class tax cuts. the old bush tax cuts. then let the tax rates for the rich go up and fight it out in january and february over spending cuts. we'll see whether or not conservative goes along with that, if speaker boehner was party to that. the second big story is susan rice. in the last couple of hours calling the president and saying she is pulling her name out of consideration for secretary of state, all because of the controversy ov
we are running up against the fiscal cliff. we heard from firms that unless a framework for a deal is forged in the next few days they are going to run out of time in order to actually move whatever deal they come up with through both changes to the house and the senate. this is why i got new information that last night senate majority leader harry reid met in a private dinner and he was saying he believes it's nearly impossible to get the fiscal cliff deal done before christmas. what they are...
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. >>> we're only 19 days away from the so-called fiscal cliff. john boehner and president obama are expected to meet at the white house any minute now. let's bring in dana bash. what are you learning? >> reporter: the president is probably on his way to have this meeting with the president that we heard about this afternoon. that's certainly true if you talk to former leaders like i did today on both sides of the aisle. tom daschle and trent lott who hashed out deals like this one. they said, this is exactly what needs to happen. talk: i used to stand outside in the hall and it was a question of when would the deal happen and now it's will they get a deal. what's changed? >> news media is more omnipresent. all of the new social media, traveling back and forth and different personal see teas. tom and i had our differences. not everything was just perfect. >> i was there. i know it wasn't. >> it wasn't perfect. >> and i still am convinced and hopeful, at least, that they are going to come to an agreement. there's an argument that you don't want to
. >>> we're only 19 days away from the so-called fiscal cliff. john boehner and president obama are expected to meet at the white house any minute now. let's bring in dana bash. what are you learning? >> reporter: the president is probably on his way to have this meeting with the president that we heard about this afternoon. that's certainly true if you talk to former leaders like i did today on both sides of the aisle. tom daschle and trent lott who hashed out deals like this...
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is there any solution to not going over the fiscal cliff? >> reporter: we heard a lot of the same today from leaders in both parties. from the speaker coming out and saying the president's got to put more spending cuts on the table and from the democratic leaders say that the republicans just have to give on agreeing to raise tax rates for the wealthy. no. guess what? we heard from dthem that the house speaker is going home this weekend. he's not going to be here. they'll hopefully talk to the phone, but no face-to-face meetings. >> dana you talked to a couple of guys that spent careers in congress making deals, and they talk about you how they did it. tell us a little bit about that, the insights here. >> reporter: a really fascinating conversation with a former republican leader, senate let the record trent lott and the former democratic leader tom dashle on opposite sides of the table for almost ten years i covered them for a large part of that. i asked about, you know, kind of what was different back then versus now. specifically since t
is there any solution to not going over the fiscal cliff? >> reporter: we heard a lot of the same today from leaders in both parties. from the speaker coming out and saying the president's got to put more spending cuts on the table and from the democratic leaders say that the republicans just have to give on agreeing to raise tax rates for the wealthy. no. guess what? we heard from dthem that the house speaker is going home this weekend. he's not going to be here. they'll hopefully talk...
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the only way you really talk about the fiscal cliff, might be this way. >> ♪ fiscal cliff, you know the time has come ♪ ♪ ♪ ♪ and it won't be sparing anyone ♪ ♪ you'll see ♪ you'll see >> eric: you accept it for me on twitter. i love it. keep it coming. >> bob: who is that? >> eric: todd chappelle. >> dana: i have something also about the fiscal cliff. something you haven't heard about is rural america is under threat from a major raise in taxes. death and state taxes. throw up the map. senator from wyoming put this out. 526,421 family farms threatened by the new death tax. mostly because assets are tied up in land. you're land rich and cash poor. this hurts a lot of people. >> greg: this plays in the old phrase buying the farm. >> dana: it plays in something i want to tease for friday, which is i am -- i got to buy the farm. get it. think we haven't heard that. >> bob: promote something? >> dana: on friday, tomorrow i'm going to vegas and i'm going to the national rodeo -- the national finals rodeo sponsored by wrangler. i went last year and i got to interview the rodeo q
the only way you really talk about the fiscal cliff, might be this way. >> ♪ fiscal cliff, you know the time has come ♪ ♪ ♪ ♪ and it won't be sparing anyone ♪ ♪ you'll see ♪ you'll see >> eric: you accept it for me on twitter. i love it. keep it coming. >> bob: who is that? >> eric: todd chappelle. >> dana: i have something also about the fiscal cliff. something you haven't heard about is rural america is under threat from a major raise in taxes....
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the fiscal cliff come early to the workers of michigan.
the fiscal cliff come early to the workers of michigan.
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cliff is coming to town. ma merry cliff-mas. jim? >> the president is asking for $1.6 trillion. >> entitlement reform. >> discretionary spending. [ applause [ applause ] >> i'm back. what happened? >> they are still trying to reach a resolution in the fiscal cliff talks. it's getting a little heated between president obama and speaker boehner. take a look at what they've been saying to each other. yesterday obama said, quote, if we can get some leadership on the republican side, we can probably solve this in about a week. it's not that tough. boehner then responded saying, quote, i've sent the president our proposal. if he doesn't like our plan, he should come back with a plan of his own. obama responded to that saying, maybe i will. to which boehner replied, maybe i will. and mr. obama replied, stop copying me. so which boehner replied, stop copying me. >> to which obama replied dam infinity. you win for now boehner. >> according to a new poll that just came out, most americans think santa claus is a democra
cliff is coming to town. ma merry cliff-mas. jim? >> the president is asking for $1.6 trillion. >> entitlement reform. >> discretionary spending. [ applause [ applause ] >> i'm back. what happened? >> they are still trying to reach a resolution in the fiscal cliff talks. it's getting a little heated between president obama and speaker boehner. take a look at what they've been saying to each other. yesterday obama said, quote, if we can get some leadership on the...
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. >>> here is where we are on the fiscal cliff talks. we are less than three weeks now from the 1-2 punch of tax increases and government spending cuts and the two sides appear to be moving farther apart. here's house speaker john boehner describing his latest negotiations with the president, just over the phone last night. >> the president and i had a pretty frank conversation about just how far apart we are. >> dana bash is our senior congressional correspondent. she s unearthed some surprising new details here about the speaker's latest offer to the president. dana, what can you tell us? >> reporter: well, we were told first earlier today by democratic source that part of the reason why that phone call between the president and the speaker didn't go so well to put it mildly is because part of the republican counteroffer they sent to the white house yesterday included a renewed call for, quote, permanent tax cuts for the wealthiest americans. now, we know that that is a nonstarter in general for the president. he said it ump team times
. >>> here is where we are on the fiscal cliff talks. we are less than three weeks now from the 1-2 punch of tax increases and government spending cuts and the two sides appear to be moving farther apart. here's house speaker john boehner describing his latest negotiations with the president, just over the phone last night. >> the president and i had a pretty frank conversation about just how far apart we are. >> dana bash is our senior congressional correspondent. she s...
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january 1st comes along, and we proverbially fall off the fiscal cliff. where will we feel it first? >> it's one thing after another. first thing is the payroll tax holiday. right away the first week you would have less money in your paycheck. people like alicia immediately would lose that check, and there's going to be 2 million people at the end of december who would lose their checks and another million by the end of the first quarter who would lose their checks according to the national employment law project. and your tax rates could go up for everyone. you could pay a higher tax rate, and guys like jeffrey sheninger have to figure out how to change that when you get paid by your company. >> effectively on january 1st we start to feel it if your employer can get their software changed. whether you see it on your check or not, it's going to be there ultimately at some point. bad news and very interesting news at the same time. >> i love her outlook about next year, though. even alicia has a promising outlook on next year. she thinks it will look bette
january 1st comes along, and we proverbially fall off the fiscal cliff. where will we feel it first? >> it's one thing after another. first thing is the payroll tax holiday. right away the first week you would have less money in your paycheck. people like alicia immediately would lose that check, and there's going to be 2 million people at the end of december who would lose their checks and another million by the end of the first quarter who would lose their checks according to the...
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is a sign that negotiations may reach up to the fiscal cliff. >> brian: at least they are talking to each other. they are talking about raising rates for medicare to scen . rates to 37 . difdepped and inheritance and capitol gains on tap to go up. that could be devastating. >> steve: especially the difid end tax up a gigantical. >> brian: and capitol gains up five points. >> gretchen: stay tuned for that. he risked his life to help americans nail bin laden and now fox news has learned he was torteured in a pakistani jail. family members of the doctor said they can't even visit him. he was captured by pakistani officials and sentenced to 33 years in prison. got most wanten in the world. >> brian: why is there not more outrage on that. >> steve: and now extreme weather. he survived a tornado only to have this happen. watch. >> oh, my god, oh, my god. ci'm okay. che was chatting with a tv reporter when the roof came crashing down and luckily it was all caught on camera. >> gretchen: in country illegally. the university of california at berklyy offered 200 scholarship. a private company
is a sign that negotiations may reach up to the fiscal cliff. >> brian: at least they are talking to each other. they are talking about raising rates for medicare to scen . rates to 37 . difdepped and inheritance and capitol gains on tap to go up. that could be devastating. >> steve: especially the difid end tax up a gigantical. >> brian: and capitol gains up five points. >> gretchen: stay tuned for that. he risked his life to help americans nail bin laden and now fox...
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what's exposed this rift is the fiscal cliff the united states faces this january 1st. the hard righters are attacking any sign of compromise as a white flag of retreat. who is going to come out the winner in this fight? the people who make money pulling conservatives to the hard right or the people who believe conservative officeholders like liberal officeholders have a real stake in making the government work. a far bigger question, will the war on the right help the country unite and avoid the fiscal cliff or will it give the right a chance to bring the house down. with me is ron reagan and dana milbank of the "washington post." before we talk about the gop split, we should republicans in the white house have exchanged new proposal tsds today. and president obama and boehner have spoken at this time. quote, we sent the white house a counteroffer that would achieve reform to solve our looming debt crisis and create more jobs. that's all we know. dana milbank, they say it's good. they said it will solve our problems. they won't say what it is. explain. >> well, look, w
what's exposed this rift is the fiscal cliff the united states faces this january 1st. the hard righters are attacking any sign of compromise as a white flag of retreat. who is going to come out the winner in this fight? the people who make money pulling conservatives to the hard right or the people who believe conservative officeholders like liberal officeholders have a real stake in making the government work. a far bigger question, will the war on the right help the country unite and avoid...
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the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> let's get more with the former treasury secretary during the clinton administration robert rubin joining us now. mr. secretary, thanks very much for coming in. >> happy to be here, wolf. >> where are the white house proposals for spending cuts? i know they want to spend a lot of time in terms of raising tax revenues but why not come up with a specific plan for what the republicans say they now need spending cuts. >> basically the president has laid out where he wants to be on spending. we have to have significantly greater revenues and if you're going to avoid middle income tax increases in one fashion or another, most has to come from raising rates on the top two brackets and that's what president obama proposed. in terms of the spending side, they enacted a trillion and a half of reductions and what's called discretionary part of the budget. he has proposed reductions in entitlements as you know and the budget that he's put out. and then there's substantial savings on interest on
the longer the white house slow walks this process, the closer our economy gets to the fiscal cliff. >> let's get more with the former treasury secretary during the clinton administration robert rubin joining us now. mr. secretary, thanks very much for coming in. >> happy to be here, wolf. >> where are the white house proposals for spending cuts? i know they want to spend a lot of time in terms of raising tax revenues but why not come up with a specific plan for what the...
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the fiscal cliff. only 18% of people say they still want each side to dig in their heels and stand on principle. both asking each other could you be more specific? aids say the president wanted boehner to offer up more issues on the tax revenue, and boehner wants the president to be more particularly about spending cuts. states have until this friday to tell the federal government whether they want to set up their own insurance exchanges or do it themselves. the government has given conditional approval to six tait -- states who want to do it themselves. six want a state and federal partnership, and six haven't said anything at all. tennessee is the latest to say it won't set up an online marketplace bringing the total to 21. republican governor said he is not a fan of the care act but he is one of several republicans who just did nothing until now, hoping the law would be overturned. we're back after the break. >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking.
the fiscal cliff. only 18% of people say they still want each side to dig in their heels and stand on principle. both asking each other could you be more specific? aids say the president wanted boehner to offer up more issues on the tax revenue, and boehner wants the president to be more particularly about spending cuts. states have until this friday to tell the federal government whether they want to set up their own insurance exchanges or do it themselves. the government has given conditional...
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as a result of the fiscal cliff. i'm ainsley earhardt. back to "on the record" with dana perino. than a dozen chrysr workers caught on-camera drinking, getting high on their lunch breaks, then returning to work on a jeep assembly line. you saw this video two years ago. eventually chrysler employees got the axe, but now they're back on the job. we broke the story originally. rob, how did they pull this one off? >> well, they went to arbitration. the arbitrator sided with the workers. so the uaw workers got their jobs back, as simple as that. >> but explain that to me, because most places, people watching across america tonight, would say, okay, if i showed up on the job, drunk or high, hung over, caught on my lunch break, doing something that might impair the people around me, or the actual work i'm doing, i would lose my job. so what do the unions have that others don't have that get them a second chance at a job like this? >> well, this is a situation where chrysler fired the workers. they were embarrassed by the vi
as a result of the fiscal cliff. i'm ainsley earhardt. back to "on the record" with dana perino. than a dozen chrysr workers caught on-camera drinking, getting high on their lunch breaks, then returning to work on a jeep assembly line. you saw this video two years ago. eventually chrysler employees got the axe, but now they're back on the job. we broke the story originally. rob, how did they pull this one off? >> well, they went to arbitration. the arbitrator sided with the...
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senator is telling president obama it's time to start manning up on the fiscal cliff, the point of attack coming from south carolina senator lindsey graham. is he right? does the president need to do? kevin mccarthy joining us tonight. there's a public negotiation owing on. you could read one article and think we've made progress in washington in getting to a deal, then you read another piece and it's two steps back. you're here. tell us where you think we're at right now. >> don't think we're close to negotiations, finishing anything. there's nothing agreed to. they're just beginning to talk. think of this, the president wasn't in negotiating, he was in detroit campaigning. the senator is right. this president needs to get off the campaign trail. the election is over. now it's time to govern. what's more important, what senator graham is talking about, the president has to start talk being spending cuts. we've already had two months of the new fiscal year. we're $292 billion in the deficit. there's some interesting numbers through there. revenues have increased $30 billion. they've gone
senator is telling president obama it's time to start manning up on the fiscal cliff, the point of attack coming from south carolina senator lindsey graham. is he right? does the president need to do? kevin mccarthy joining us tonight. there's a public negotiation owing on. you could read one article and think we've made progress in washington in getting to a deal, then you read another piece and it's two steps back. you're here. tell us where you think we're at right now. >> don't think...
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cliff later. >> i want to jump on to the next topic chlgt this has been a big one. robert, i start with you, history in the making with the latest poll showing a reversal in attitudes toward marriage equality. 37% thought same-sex marriage should be legal in 2004, now 53% are in support. is the republican party going to evolve with public sentiment on this issue, at least on the public front? perception being reality, the republican party is perceived to be behind the times on this issue. >> thomas, the short answer is i don't know. the long answer is there's two conversations going on within the republican party. do the evangelical wing of the party continue to dominate and they have since 1964 or is the libertarian wing of the party, something i'm more familiar with going to control the party. when you look at the libertarian wing of the party, they are about less government. we could care a less what you do in the privacy of your bedroom and who you fall in love with. it's more about limited government. that's the conversation. if you have that conversation with
cliff later. >> i want to jump on to the next topic chlgt this has been a big one. robert, i start with you, history in the making with the latest poll showing a reversal in attitudes toward marriage equality. 37% thought same-sex marriage should be legal in 2004, now 53% are in support. is the republican party going to evolve with public sentiment on this issue, at least on the public front? perception being reality, the republican party is perceived to be behind the times on this issue....
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comes face to face with the fiscal cliff. tonight on "special report," house speaker john boehner says there has been no progress in negotiations with the president. he is again calling on mr. obama to come up with a new proposal. vice president joe biden says a deal could be done in 15 minutes. all this comes as the government announces a gain of 146,000 jobs in the month of november. the unemployment rate fell to 7.7%. that is the lowest in four years but that was mostly due to people who stopped looking for work. both sides agree the u.s. does not want to follow down the path of greece. what is to blame there? too much austerity or too much taxation? we'll look at the problems inside his own party, for speaker boehner. it's friday. that means the lightning round with the panel. "special report" from washington starts at 6:00 eastern. now back to new york and "the five." ♪ ♪ >> bob: kay. there is music for you. on december 3 last year, 16-year-old tyler alfred from oklahoma was driving under the influence and crashed hi
comes face to face with the fiscal cliff. tonight on "special report," house speaker john boehner says there has been no progress in negotiations with the president. he is again calling on mr. obama to come up with a new proposal. vice president joe biden says a deal could be done in 15 minutes. all this comes as the government announces a gain of 146,000 jobs in the month of november. the unemployment rate fell to 7.7%. that is the lowest in four years but that was mostly due to...
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and the fiscal cliff. james cheeks says he is counting on congress to prevent his taxes from going up. >> scary. you know, it's scary. where is that money going to come from, you know, how am i going to pay that extra tax hike. >> reporter: one booth over, ted and gus say they don't think congress can avoid the cliff. >> i hope so, but i don't see it yet. >> if we're going to have standoffs, have that do nothing congress, it is going to be awfully toug to get anything done. >> reporter: potential effects of the fiscal cliff in rock island, illinois aren't necessarily any better or worse than in other cities around the country. the bottom line is if congress fails to act, repercussions will be felt across the country. wolf? >> ted rowlands in rock island, illinois. >>> imagine being able to use your ipad, cell phone in the air whenever you want. up next, we have details on a new government effort under way now to keep you plugged in all the time, including on takeoff and landing, while flying. stand by. ♪
and the fiscal cliff. james cheeks says he is counting on congress to prevent his taxes from going up. >> scary. you know, it's scary. where is that money going to come from, you know, how am i going to pay that extra tax hike. >> reporter: one booth over, ted and gus say they don't think congress can avoid the cliff. >> i hope so, but i don't see it yet. >> if we're going to have standoffs, have that do nothing congress, it is going to be awfully toug to get anything...
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in two years we come back and deal with this. >> eric: why don't you want to go off the fiscal cliff? >> bob: a lot of people will get hurt. i don't care if the 2% will get hurt. >> greg: you hate rich people. >> bob: i don't hate them. they're all right. they give money to philharmonic. >> greg: without rich peopl people, there would be no government. >> bob: a deal is worked out as we speak. there will be a deal and include some increase. maybe not the entire for the upper income people. there will be adjustment to social security. >> eric: we'll continue to rack up $1 trillion. guess what our kids will be stuck with? trillions and trillions of debt. additional debt. >> dana: i am worried about the future when it comes to that. let me tell you. i don't think is about making the country better for our kids. i don't think it's been true for the last 25 years. i think that the -- >> greg: you hate kids, though. >> dana: an issue that nobody talks about that the president refuses to deal with is entitlement spending. there are ways to preserve entitlement spending for future generation
in two years we come back and deal with this. >> eric: why don't you want to go off the fiscal cliff? >> bob: a lot of people will get hurt. i don't care if the 2% will get hurt. >> greg: you hate rich people. >> bob: i don't hate them. they're all right. they give money to philharmonic. >> greg: without rich peopl people, there would be no government. >> bob: a deal is worked out as we speak. there will be a deal and include some increase. maybe not the...
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jane harman, thanks so much for coming in. the jersey shore about to meet the fiscal cliff. grim news for governor christie as he visits washington. >>> plus the controversial place to store your text messages. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. without freshly-made pasta. you could also cut corners by making it without 100% real cheddar cheese. but then...it wouldn't be stouffer's mac & cheese. just one of over 70 satisfying recipes for one from stouff
jane harman, thanks so much for coming in. the jersey shore about to meet the fiscal cliff. grim news for governor christie as he visits washington. >>> plus the controversial place to store your text messages. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. sharable data across 10 devices with unlimited talk and text. get a droid razr m by motorola for $49.99. bp has paid overthe...
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cliff. >>> now no john mcafee. the millionaire software guru wanted in questioning in the neighbor's murder in belize. maybe you heard mcafee. got arrested in guatemala overnight. shouldn't come as much of a surprise here. the whole time supposedly on the run, he was handing out tv interviews like candy. but listen to this. now the mcafee is in jail, he is blogging from behind bars. the story just keeps getting more interesting, shall we say? more on the blogging here in a moment. but first, i have to play you this video. this is the video of his arrest. surprise-surprise. he was with a camera crew from vice.com when guatemalan police took him in. the charge, entering that country illegally. take a look here. exclusive video of vice.com. >> they're trying to arrest me. guatemalan jails have beds. >> john, where are you going? >> to jail. >> when will you be out? >> and off he goes. to think, just yesterday, mcafee was telling us he was seeking asylum in guatemala. been on the run since 10th of november for that mur
cliff. >>> now no john mcafee. the millionaire software guru wanted in questioning in the neighbor's murder in belize. maybe you heard mcafee. got arrested in guatemala overnight. shouldn't come as much of a surprise here. the whole time supposedly on the run, he was handing out tv interviews like candy. but listen to this. now the mcafee is in jail, he is blogging from behind bars. the story just keeps getting more interesting, shall we say? more on the blogging here in a moment. but...
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but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban home of a middle class families in virginia, one of the thousands who responded to the
but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone call in days with both sides staying mum on the details. this afternoon president obama's fiscal photo-op off the day takes him to the suburban...
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but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
but the question is are they speaking each other's language yet when it comes to the fiscal cliff? with just 26 days to go before the country officially goes over the edge, there are reports a growing course of republicans are pressuring house leaders to cave on tax hikes for the wealthy, this following president obama and speaker boehner's first phone
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he will also be talking about tax issues in general when it comes to the fiscal cliff. if you have questions about tax issues or comments about how taxes should be included in these discussions, he will be taking your calls. up next, we're going to have a look at republicans and the fiscal cliff negotiations with radio talk-show host and columnist armstong williams. that is coming up next as we continue the "washington journal." ♪ >> why a writers institute? i think it is very important within the culture. we are a culture of words, of voices. words are key to our imagination, our capacity to envision things. we ourselves are not completely tied to print on the page. but i think that there is no other art form so readily accessible other than perhaps -- but it is something -- there is something in literature that captures the humans. . >> this weekend, we look behind the scenes at the history and literary life of new york's capital city, albany, on c-span to and it c-span3. span3.c- [bell rings] >> this weekend on c-span3, follow harry truman's eldest grandson to hiro
he will also be talking about tax issues in general when it comes to the fiscal cliff. if you have questions about tax issues or comments about how taxes should be included in these discussions, he will be taking your calls. up next, we're going to have a look at republicans and the fiscal cliff negotiations with radio talk-show host and columnist armstong williams. that is coming up next as we continue the "washington journal." ♪ >> why a writers institute? i think it is very...
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administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. all those americans, too, get a tax cut on the first $250,000 of their income. so, in some sense it's a tax cut for all americans. >> reporter: bottom line, anderson, we're talking today but we're still at stalemate. >> yeah, i mean, it's a sign, jessica and dana, of just how lack -- how little progress there's been that a phone call is big news between these two. dana, we're also hearing hints of some move between republicans, coburn, olympia snowe, susan collins. what are you hearing? how significant is it? >> reporter: it's significant for a couple reasons. one is, you're right. three republicans in different ways suggested they would be okay with what most republicans are saying, that they're not okay
administration would be willing to go over the fiscal cliff if the gop does not agree to raise those rates. this was treasury secretary geithner earlier today on cnbc. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. all those americans, too, get a tax cut on the first $250,000 of their income. so, in some sense it's...
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. >> reporter: telling agencies to watch for massive spending cuts from going over the fiscal cliff and warped the business exectives the economy could take another hit if the republicans decide to extend the middle class tax cut to avoid the cliff for now. then come back with more leverage. to tie it to a hike in the debt ceiling. >> we are 23409 going play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes, take us to brink of default again, i will not play that game. >> republicans held their own meeting with small business owners denying they're trying to punt. >> i'll be here and available at any moment to sit down with the president to get serious abouting the problem. >> they noted the president has not scheduled any meetings with the g.o.p. leaders in weeks. not offered any counterproposal to boehner's plan from last week. >> a balanced approach the president has been asking for. now we need response from the white house. >> reporter: they continue to insist the impediment to the deal is boehner's tax revenue is not
. >> reporter: telling agencies to watch for massive spending cuts from going over the fiscal cliff and warped the business exectives the economy could take another hit if the republicans decide to extend the middle class tax cut to avoid the cliff for now. then come back with more leverage. to tie it to a hike in the debt ceiling. >> we are 23409 going play that game next year. if congress in any way suggests that they are going to tie negotiations to debt ceiling votes, take us to...
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they're working very hard to avoid the fiscal cliff. thanks so much for coming in. for so long, republicans wanted to extend the bush tax cuts forever, now for 98% of the american people, the democrats are saying, we're ready. we've given up, we'll let you have those bush tax cuts for as long as possible. let's just resolve that, we'll move on to some of the tougher issues later. let's make sure that 98% of the american families have these lower tax rates into next year. why not give that? >> the debate over those top two pshsz, is really a strong man debate. what we need is tax reform in america. we need a simpler less complicated tax code. >> i agree with you. we need a tax reform. why not resolve this one issue, make sure taxes don't increase for 98% of the americans, 100% of americans for their first $250,000 a year. let them have that, and then move on to tax reform and some of the other issues. >> i think it's important not to confuse a quick fix with a real fix. we could increase the top 2% their tax rates to 100% and it would cover 91 days worth of spending.
they're working very hard to avoid the fiscal cliff. thanks so much for coming in. for so long, republicans wanted to extend the bush tax cuts forever, now for 98% of the american people, the democrats are saying, we're ready. we've given up, we'll let you have those bush tax cuts for as long as possible. let's just resolve that, we'll move on to some of the tougher issues later. let's make sure that 98% of the american families have these lower tax rates into next year. why not give that?...
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you know, as we're approaching this fiscal cliff thing obviously everybody's talking about oh we've gotta cut the entitlements like medicare. you've been pointing out something for awhile that we don't have a medicare problem. we have a healthcare cost problem. explain please, healthcare geek. >> this is one of the things people should really pay attention to because the healthcare crisis in this country gets so complicate and convoluted that people tune it out and then the republicans have this incredible opportunity to swoop in and make stuff up. we don't have a medicare problem. we have a healthcare cost problem. there is no competition in the healthcare market place right now. >> stephanie: right. >> okay. and people make money in the healthcare industry when prices go up. >> right. >> corporations make money when prices go up. we're talking about medical device manufacturers, drug companies, health insurance companies, they all make money the higher the prices are. they have no incentive to work for the public good. their incent sieve to make money for shareholders. higher prices in
you know, as we're approaching this fiscal cliff thing obviously everybody's talking about oh we've gotta cut the entitlements like medicare. you've been pointing out something for awhile that we don't have a medicare problem. we have a healthcare cost problem. explain please, healthcare geek. >> this is one of the things people should really pay attention to because the healthcare crisis in this country gets so complicate and convoluted that people tune it out and then the republicans...
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but when it comes to just pure optics of the house leaving with the fiscal cliff right in front of us -- >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> mr. speaker, does the conference perhaps realize that you don't seem to be negotiating in all of this? >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy, is a better way to raise this revenue than raising rates. because raising rates will hurt the very people that we're expecting to upgrade jobs in our country. >> all right. house speaker john boehner. let's head back to capitol hill and check in with dana bash. so the president has looked at this offer and jay carney, his spokesman, called it fairy dust. so what did the republicans expect it to be in return? >> reporter: carol, look, what do they expect in return? what they say that they want is just to talk. that is something that should be emphasized for our viewers which is what we are seeing back and forth in the publi
but when it comes to just pure optics of the house leaving with the fiscal cliff right in front of us -- >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> mr. speaker, does the conference perhaps realize that you don't seem to be negotiating in all of this? >> our members believe strongly that raising tax rates will hurt the economy. closing loopholes, especially on those who are wealthy, is a...
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everybody is looking at the fiscal cliff, tax the rich more for the fiscal. okay. we've got that. but we are definitely going to tax the rich just a little bit more come january 1 to pay for obamacare, specifically taxes on capital gains, dividends going up to just a little bit more, just a little bit more on january 1, and also a little bit more on income of those people making more than $200,000 a year. so we have defined rich down to $200,000 a year. it was a lot higher than that, but guaranteed january 1, a little bit more for obamacare. >> steve: when you say a little bit more, you mean like 3 or 4%, which adds up. >> it does. it's 3.8% extra as a capital gains tax. >> steve: that's a done deal. that's baked into the health care reform? >> that's it. there is no discussion about it. that was passed two years ago. this is going to happen. then you've got maybe a little bit more on income and other forms of income if we approach this fiscal cliff and the president gets his way. he is digging in his heels on higher tax rates on upper income earners. that will be a little bit mor
everybody is looking at the fiscal cliff, tax the rich more for the fiscal. okay. we've got that. but we are definitely going to tax the rich just a little bit more come january 1 to pay for obamacare, specifically taxes on capital gains, dividends going up to just a little bit more, just a little bit more on january 1, and also a little bit more on income of those people making more than $200,000 a year. so we have defined rich down to $200,000 a year. it was a lot higher than that, but...